Wall Street Erupts: S&P 500 Smashes 6,600 Barrier After Trump's Cryptic 'Certain Company' Post Hints at China Deal

NEW YORK – Wall Street sentiment surged on Monday, catapulting major indices into record territory as investors rallied behind optimistic signals from President Donald Trump regarding high-stakes trade negotiations with China.

The market's bullish charge saw the S&P 500 achieve a historic milestone, closing above the 6,600 mark for the first time ever. The benchmark index added 0.5% to finish the session at 6,615.28. It was a day of record-breaking highs, as the tech-heavy Nasdaq Composite also soared to a new peak, climbing 0.9% to land at 22,348.75. The Dow Jones Industrial Average joined the rally, albeit more modestly, ticking up 49.23 points, or 0.1%, to close at 45,883.45.

The Catalyst: A Truth Social Tease

The primary driver for the market's explosive performance was a social media post from President Trump. Following a second day of intense discussions between top U.S. and Chinese officials, Trump took to Truth Social to declare the meeting a success. He fueled intense speculation by adding that a deal "was also reached on a 'certain' company that young people in our Country very much wanted to save."

Market analysts widely interpreted the cryptic comment as a reference to TikTok, the popular social media platform whose future has been a contentious point in the ongoing talks. The negotiations have reportedly focused on critical issues such as tariff rates and a looming deadline for the sale of the Chinese-owned application.

Investor Optimism and Caution

Trump's positive tone was enough to ignite a wave of buying, as traders bet on a potential breakthrough that could ease long-standing economic tensions between the two global superpowers. The hint of a resolution for TikTok, in particular, was seen as a significant de-escalation.

However, while the market celebrated the apparent progress, all eyes are also turning toward the Federal Reserve. Investors remain on edge ahead of a key policy meeting later this week, which is expected to provide crucial insights into the central bank's future plans for interest rates and its assessment of the economic landscape. The outcome of that meeting will be critical in determining whether Monday's record-setting momentum can be sustained.